Civic Intelligence

Jefferson Health - Northeast Foundation

990 • Fiscal year 2017 • EIN 23-7318683

Jul 01, 2016 to Jun 30, 2017 • Filed on Sep 25, 2017

2780 Bristol PikeBensalem, PA 19020

(215) 245-6040

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

2nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

2nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Net Margin

90th percentile

44%

Higher net margin than 90% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

4th percentile

$0

Higher top officer pay than 4% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Asset Growth

68th percentile

10%

Faster asset growth than 68% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

6th percentile

-34%

Faster revenue growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Assets

Up

$52,705,908

Up $4,979,722 (+10%) from 2016

Net Assets

Up

$52,705,908

Up $4,979,722 (+10%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$1,521,564

Down $776,657 (-34%) from 2016

Expenses

Up

$850,856

Up $709,806 (+503%) from 2016

Net Income

Down

$670,708

Down $1,486,463 (-69%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2012: $41,213,153Liabilities 2012: $0Net Assets 2012: $41,213,1532012Assets 2013: $44,620,155Liabilities 2013: $0Net Assets 2013: $44,620,1552013Assets 2014: $50,257,104Liabilities 2014: $0Net Assets 2014: $50,257,1042014Assets 2015: $48,322,419Liabilities 2015: $0Net Assets 2015: $48,322,4192015Assets 2016: $47,726,186Liabilities 2016: $0Net Assets 2016: $47,726,1862016Assets 2017: $52,705,908Liabilities 2017: $0Net Assets 2017: $52,705,9082017Assets 2019: $59,676,764Liabilities 2019: $0Net Assets 2019: $59,676,7642019Assets 2020: $61,268,872Liabilities 2020: $0Net Assets 2020: $61,268,8722020Assets 2021: $72,925,569Liabilities 2021: $293,035Net Assets 2021: $72,632,5342021Assets 2022: $56,071,364Liabilities 2022: $382,234Net Assets 2022: $55,689,1302022Assets 2023: $54,610,882Liabilities 2023: $382,741Net Assets 2023: $54,228,1412023Assets 2024: $59,902,772Liabilities 2024: $468,321Net Assets 2024: $59,434,4512024

Highlighted filing

2017

Assets$52,705,908
Liabilities$0
Net Assets$52,705,908

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2012: $401,3722012Expenses 2013: $104,7932013Revenue 2014: $3,980,909Expenses 2014: $1,238,977Net Income 2014: $2,741,9322014Revenue 2015: $2,468,157Expenses 2015: $3,020,488Net Income 2015: -$552,3312015Revenue 2016: $2,298,221Expenses 2016: $141,050Net Income 2016: $2,157,1712016Revenue 2017: $1,521,564Expenses 2017: $850,856Net Income 2017: $670,7082017Revenue 2019: $1,623,324Expenses 2019: $521,977Net Income 2019: $1,101,3472019Revenue 2020: $1,700,805Expenses 2020: $573,657Net Income 2020: $1,127,1482020Revenue 2021: $5,455,131Expenses 2021: $468,329Net Income 2021: $4,986,8022021Revenue 2022: $6,243,260Expenses 2022: $7,418,716Net Income 2022: -$1,175,4562022Revenue 2023: $2,678,136Expenses 2023: $6,051,597Net Income 2023: -$3,373,4612023Revenue 2024: $3,232,929Expenses 2024: $578,233Net Income 2024: $2,654,6962024

Highlighted filing

2017

Revenue$1,521,564
Expenses$850,856
Net Income$670,708
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Sep 25, 2017
Return Version
2016v3.0
Gross Receipts
$14,631,018
Mission and Program Overview

Mission

Financial support for hospital and health system

Financial support for Aria Health hospital and health system

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$44,425,117$51,202,565▲ $6,777,448
Savings and Temporary Cash Investments$3,300,085$1,502,365▼ $1,797,720
Prepaid Expenses and Deferred Charges$984$978▼ $6
Total Assets$47,726,186$52,705,908▲ $4,979,722
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$47,726,186$52,705,908▲ $4,979,722
Total Net Assets Fund Balance$47,726,186$52,705,908▲ $4,979,722
Total Liabilities and Net Assets / Fund Balance$47,726,186$52,705,908▲ $4,979,722
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joseph P CohillImmediate Past President
Edward a TurzanskiPresident
Jay BlumenthalVice President
Bruce D HessTrustee
Frank M PorrazzaTrustee
John JaszczakTrustee
Pete Ciarrocchi JrTrustee
Sean McmenaminTrustee
Trista WalkerTrustee
John B NeffSecretary
Joseph J LyonsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,522
Program Service Revenue
$0
Investment Income
$1,511,042
Other Revenue
$0
All Other Contributions
$10,522
Change in Net Assets
$670,708

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,521,564
Revenue Not Reported on Form 990
$4,309,014
Total Revenue per Audited Statements
$5,830,578
Total Revenue per Form 990
$1,521,564
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$721,394
Other Expenses$129,462
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$721,394--$721,394
Fees for Service Investment Mgmnt Fees$0$116,973$0$116,973
Fees for Services Accounting$0$6,800$0$6,800
Insurance$0$5,314$0$5,314
Office Expenses$0$375$0$375
Total Functional Expenses$721,394$129,462$0$850,856

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$850,856
Total Expenses per Audited Statements$850,856
Total Expenses per Form 990$850,856
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Aria HealthPhiladelphia, PA501(c)(3)Support$721,394
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Aria Health Foundation
EIN
23-7318683
Phone
2152456040
Address
2780 Bristol Pike, Bensalem, PA 19020

Signing Officer

Name
Joseph J Lyons
Title
Treasurer
Phone
2152456040
Signed
2017-09-25
Discuss with paid preparer
Yes

Organization Details

Formed
1973
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Bacheler & Company Pc
Address
400 S KINGS HWY, CHERRY HILL, NJ 08034-2511
Preparer
William F Bacheler CPA
Phone
8564291835
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Federal Form 990 is prepared by a CPA firm. The

Pt VI, Line 11B

treasurer of the Foundation, who is a CPA himself, then

Pt VI, Line 11B

reviews the Federal Form 990.

Pt VI, Line 19

They are made available upon request.

Pt XI

Investments are reflected on the balance sheet at fair

Pt XI

market value and thus current year unrealized gains of

Pt XI

$4,309,014 on those investments are reflected in ending

Pt XI

net assets.

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IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt0933831
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt00
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt0721394
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt01655225
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt00.436
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt0721394
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt00
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt0721394
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0These are distributions to the Foundation's sole beneficiary, Aria Health - See Schedule I.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1The Foundation, on average, authorizes grant disbursements well in excess of its required distribution amount as a Type III non-functionally integrated supporting organization, however, grants are not paid to the supported organization, Aria Health, until the Foundation receives invoices. Because of construction delays beyond the control of the Foundation, the foundation has not been invoiced yet for many of the authorized grant disbursements they have approved in the past several years. They fully expect to be invoiced for these amounts and pay them upon completion and invoicing of the various construction projects by Aria Health. This constitutes reasonable cause.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt V Sec D Ln 8
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Pt V Sec E Ln 6
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/CurrentYearAmt050215066
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt048012329
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/CurrentYearAmt02401225
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt02621007
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/CurrentYearAmt047813841
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt045391322
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt0753226
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt0720185
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt049461840
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt047292144
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt01731164
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt01655225
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt050215066
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt048012329
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt01731164
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt01655225
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0230596940
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd03
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0721394
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Aria Health
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt0721394
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0850856
IRS990ScheduleD/NetUnrealizedGainsInvstAmt04309014
IRS990ScheduleD/RevenueNotReportedAmt04309014
IRS990ScheduleD/RevenueSubtotalAmt01521564
IRS990ScheduleD/TotalExpensesPerForm990Amt0850856
IRS990ScheduleD/TotalRevenuePerForm990Amt01521564
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05830578
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0850856
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0721394
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Aria Health
IRS990ScheduleI/RecipientTable/RecipientEIN0230596940
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt010800 Knights Road
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Philadelphia
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd019114
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc00
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The board of trustees of the Foundation receives a monthly review
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1of the operations of the Aria Health hospital and health System
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt2from their CEO. All support given to the Aria Health hospital and health
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt3system is for targeted board-approved projects. Periodic status reports
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt4are provided to the board of trustees detailing the progress of any
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt5projects that are underway that are using support from the Foundation.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt I Line 2
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Federal Form 990 is prepared by a CPA firm. The
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1treasurer of the Foundation, who is a CPA himself, then
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2reviews the Federal Form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3They are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Investments are reflected on the balance sheet at fair
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5market value and thus current year unrealized gains of
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6$4,309,014 on those investments are reflected in ending
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7net assets.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt XI

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